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FxWirePro: XAG/USD moves in narrow range, stay bullish only above $14.32 mark

Nov 30, 2018 08:05 am UTC| Technicals

XAG/USD is currently trading around $14.30 marks. It made intraday high at $14.32 and low at $14.25 levels. Intraday bias remains neutral for the moment. A daily close above $14.29 will test key resistances...

FxWirePro: USD/ZAR back above 13.70 mark, South Africa’s trade balance data in focus

Nov 30, 2018 07:52 am UTC| Technicals

USD/ZAR is currently trading around 13.71 levels. It made intraday high at 13.71 and low at 13.63 levels. Intraday bias remains neutral for the moment. A daily close above 13.65 will take the parity...

FxWirePro: EURUSD regains ahead of US Trump and Chinese Xi meeting, better to stay away from market till G20 summit ends

Nov 30, 2018 07:12 am UTC| Technicals

EURUSD is gaining strength ahead of US President Trump and Xi meeting. The pair recovered more than 30 pips from yesterdays low of 1.12673.The US dollar is still under pressure after dovish statement from Powell. The pair...

FxWirePro: NZD/USD comatose around 200-DMA, bearish divergence keeps scope for downside

Nov 30, 2018 06:44 am UTC| Technicals Research & Analysis

NZD/USD chart on Trading View used for analysis NZD/USD extends range trade for a second straight session, intraday bias neutral. Caution prevails ahead of this weekends key meeting on trade between the US...

FxWirePro: USD/INR remains well supported below 70.00 mark, further downside movement likely

Nov 30, 2018 06:35 am UTC| Technicals

USD/INR is currently trading around 69.58 marks. It made intraday high at 69.71 and low at 69.48 marks. Intraday bias remains bearish for the moment. Key resistances are seen at 69.90, 70.08, 70.28, 70.64,...

FxWirePro: Gold Daily Outlook

Nov 30, 2018 06:21 am UTC| Technicals

Gold is trading flat after a good recovery of more than $10 easing US 10 year bond yield.It is currently trading around $1224.85. The major three factors that drive gold prices US dollar Index: Weak.DXYhas lost more...

FxWirePro: EUR/CAD pivotal at 'Wedge Top', breakout to propel the pair higher

Nov 30, 2018 06:07 am UTC| Technicals Research & Analysis

EUR/CAD chart on Trading View used for analysis EUR/CAD pivotal at Wedge Top at 1.5145, breakout to propel the pair higher. The pair is extending upside for the 5th straight session, but is trading in a narrow...

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Economy

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The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

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South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

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South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

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Science

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

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Dark matter: our new experiment aims to turn the ghostly substance into actual light

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A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

Technology

Ex-OpenAI Exec Criticizes Sam Altman's Focus on 'Shiny Products' Over AI Safety Concerns

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Binance Enhances SHIB, USTC, AGIX Trading and Liquidity for Better Market Dynamics

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OpenAI Disbands Team Tackling AI Risks Amid Leadership Changes and GPT-4o Launch

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$73M Crypto Scam: Two Foreign Nationals Arrested for 'Pig Butchering'

The Justice Department prosecuted two Chinese nationals on Friday in a cryptocurrency scam that laundered at least $73 million from deceived victims. Defendants Allegedly Used Shell Corporations to Launder Funds Through...
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